The gap at $1.30 as of Friday has become a bit of a problem for me.
The big gaps have a nasty knack of filling at some point. It may be better it gets it over and done with now.
Here and CXO both look like are back into an ABC correction.
It may not fill but sitting just under the .618fib means it is positioned well within reach.
Most gaps become self fulfilling as they get close as the likes of me hold back any buying regardless how good value it looks.
JMHO of course.
Charting, page-2123
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $120.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.3¢ | $759.7K | 4.550M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1414432 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1080 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |